Global Nano Battery Market Size study & Forecast, by Technology (Nano Phosphate, Nano Pore, Lithium-ion), by Application (Consumer Electronics, Military, Power Tools & Industrial, Renewables & Grid Energy, Transport, Others) and Regional Analysis, 2022-2029
Global Nano Battery Market is valued at approximately USD 16.83 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 18.6% over the forecast period 2022-2029. Nanobatteries are batteries that are created using nanoscale materials and parts that are less than 100 nanometers in size. Due to their smaller size and weight, nanobatteries are used to power many portable electronic devices, including mobile phones, digital cameras, computers, electric cars, military equipment, and more. Li-ion, nanopore, and nano phosphate technologies are some of the battery types used in the development of nanobatteries. The key factor driving the market growth is increasing need for energy storage systems across a variety of industries, including electronics, electric vehicles, military equipment, and others. Additionally, the use of nanomaterials to maintain the battery's liquids and electrodes separate extends the battery's shelf life, which is expected to enhance demand for nanobatteries. Also, another factor driving the market growth is rising adoption of nano batteries in consumer electronics which create lucrative demand for the market during forecast period.
According to Statista, in 2015, the global revenue of consumer electronics market was USD 879.33 billion and the number is anticipated to reach USD 1135.72 billion by 2026. As a result, rising consumer electronics industry would influence the demand for nano batteries owing to increasing adoption of nano batteries in consumer electronics. Also, increasing investment and R&D towards nano scale components in battery technology would create lucrative opportunities for the market during forecast period. However, the difficulties associated with manufacturing nano materials used in batteries stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Nano Battery Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to presence of huge consumer base and the existence of major market players in the region. Whereas Europe is also anticipated to exhibit the highest growth rate over the forecast period, owing to factors such as rising growth of military, renewable energy, and electric vehicle in the region which would create lucrative growth prospects for the Nano Battery market across European region.
Major market players included in this report are:
3M Company
Front Edge Technology
mPhase Technologies Inc.
Altair Nanotechnologies Inc.
Evonik Industries AG
Sony Corporation
Next Alternative Inc.
Toshiba
Sinlion Battery Tech
Valence
Recent Developments in the Market:
In 2019, Airbus Defense and Space partnered with Amprius Technologies. This partnership accelerated the development of batteries of a new generation using silicon nanowire anode technology.
In 2020, the University of California San Diego together with Zpower constructed a rechargeable battery that is deemed to be having 5 to 10 times greater areal power density. This could be used in soft robots and wearable electronics.
Global Nano Battery Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Technology, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Nano Phosphate
Nano Pore
Lithium-ion
By Application:
Consumer Electronics
Military
Power Tools & Industrial
Renewables & Grid Energy
Transport
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
Companies Mentioned
3M Company
Front Edge Technology
mPhase Technologies Inc.
Altair Nanotechnologies Inc.
Evonik Industries AG
Sony Corporation
Next Alternative Inc.
Toshiba
Sinlion Battery Tech
Valence
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